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Cavuto

Business news and interviews; with Neil Cavuto.

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01:01:00

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TOPIC FREQUENCY

Russia 6, Neil 5, Us 5, At&t 3, Nato 3, Vladimir Putin 3, Ukraine 3, Lois Lerner 2, Ralph Nader 2, Wisconsin 2, Obamacare 2, Gm 2, Kevin 2, Selfies 2, New York 2, Blasio 2, Irs 1, Evn 1, Don 1, Tim Cook 1,
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  FOX Business    Cavuto    Business news and  
   interviews; with Neil Cavuto.  

    March 3, 2014
    11:00 - 12:01am EST  

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ew jobs, new opportunities and a new tax free plan. ew jobthere's on one way for your business to go. up. find out if your business can qualify at start-upny.com >> welcome, everyone, i am neil cavuto. forget about punishing vladimir putin. let him punish himself or the latest ukraine leader seems to be his own undoing. let's see if you can climb out of this hole. here's what happened today. russia turned bearish on its health. that ould be like the dw jones crashing 1600 points in a single day. and the russian ruble crash against the dollar today. without the united states or europe or anyone doing anything.
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maybe let vladimir putin die on his own vine. maybe him fall on his own sword because the world clearly is not buying his bullying for now and here is the kicker. his own russian market..@ may because it has no plans to attack you create military units today. >> this is a very fluid situation and it's very difficult to go after specific things that can be done. you have to be more of a broad situation and you stand back and let it happen and let it develop and see if it implodes on its own. we can certainly send secretary john kerry, as if being done,
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from the president of ukraine as well. suspend him from the -8. because it's really about finances and russia. they are very concerned about their financial stability and their financial measures that the 28 nato nations in the eu and the united states can be very effective. neil: i always think that they have weight of these issues and threat to the letter. and i think that he is now doing so as well. oil prices are skyrocketing ina currency that keeps me going. and it will keep me going. the more volatile and make this come in the more the oil prices up in the world. so that is a win-win for me, no matter what's happening in my market or currency. >> i think that as a result of the olympics, the world had a pretty good impression of not only him but russia and he is self emboldened and the presidents of bolivia and
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foreign-policy and other situations here with benghazi and obamacare, it's just a credibility issue. so he's going to continue to do what he wants to do regardless. but i think that they are relying on currency and it's not just about oil, but it's also about being a good real partner in having the respect from the european union members as well as the nato members. so it's going to play out a little bit more of it have any defini idas where it ultimately will fall. neil: meanwhile, a retired army general said this is not something toake lightly. the general astronomy now on the phone. the fact of the matter is that sometimes with these crises, and you know better than i, thngs can get t of hand fast. >> absolutely. the analogy that i use is hitler's germany. history doesn't repeat itself, but it ds rhyme.
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what the oversight treaty waso hitler, what was soviet union is to vladimir putin. he turned it into dictatorship and that's what he did. he used the violated german minorities in central europe and places like czechoslovakia and that is exactly what putin is doing today and there's nothing new under the sun here. latimer hootn. neil: he must know it hat evn as cazy as it can be, then it matters to have that currency
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going. and you would think they would try to leverage all ofthat. >> i disagree completely. this is russia. and the russians have a 2000 year old history of either being at your knees or at your throat and this is visceral and the main audience is and nato, it's the russian people. and the russian people are loving this and it's almost like it's docked world war ii again. neil: we've been reading a lot of this press. they do like that. but i am reminded what mitt romney was talking about with russia. so have a listen.
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>> romney was right. >> he was. he was absolutely right. and you might also note that not only did the president dismissed roey, but the vast majority of the media actually made parodies out of what mtt romney said. and that is precisely what happens today and it seems to
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crumble around the world, bad guys stepping in and filling that gap. this has been going on for 4000 years there's nothing about conditions today that are any different. >> general, it's good to talk to you again. thank you, my friend. meanwhile, back on the hill, pleading the fifth. is it me or the way that the irs is dragging out the targeting investigation, it makes you want to drink a [ male announcer ] nearly 7 million clients. how did edrd jones get so big? t me just put this away. ♪ could you teach our kids that trick? [ male announcer ] by not acting that way. it's how edward jones makes sense of investing.
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i ke prilosec otc each morni for my frzero heartburn.n. becat
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wohoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. one pill each morng. 24 hours. zero heartburn. >> i have been advised by my counsel to assert a constitutional right not to testify and i have decided to line my count is advised not to buy. i will not answer any questions or testify in i will not answer any questions or testify today. i decline to answer that question. for the rson that berti given. >> that was then. so why should things be any different right now? republicans and the irs scandal. neil: sing again she will plead neil: sing again she will plead the fifth. tina, what do you make of this? is it even worth the time dragging her back?
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>> younow, you make a good point. probably not. none of it matters because we all know that eric holder is not going to do anything about it and i don't think republicans are going to let go at that. so maybe she should make a deal here. some sort of a plea, something that would get these guys to move forward under this investigation. i'm surprised that they are dragging her back. >> if you look at the record company continued to drive these things and it doesn't matter what it is or it it takee forever and it all just mumbles in with the new cycle. and then the pople, the american people have no clue
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what is going on. but if you look at the record, if you look at the way that they had acted like royals, it is a criminal protection racket taking place at the highest echelons of the united states government. it is nothing less than criminal. >> we take the senate and the fall, and it's a whole new game. that's a lot to hang yoor hat on. but on the league lois lerner is involved in that and they are continuing as business as usual. but what would it take for her to get off the dime? it comes back to making a dal. her bosses aren't ignoring tis. >> i don't think there ill be rest. they're going to hold the government accountable for long
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last of criminal activity since the ginning of this administration. the real tragedy is that where is the day icourt for the people who were targeted by lois lerner is two where is the dain court for the people whose names at an opportune time last right before the election? and also what about tho organizations out there because now no one wants to donate because they are afraid as a donor their names will be we. this is the situation that we have and this is the real tragedy. two well put and good seeing you. >> good view. neil: now, i like this, it
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almost came across as too of them. portraying the rich as greedy and smug. the folks were apparently watching the coverage of this. head of advertising and it's basically saying that the hard work create the own luck in order to achieve it that you just have to believe that anything is possible. it is not about materialism. but the advertisement doesn't lie and apoint in a point then as it now is that if you're going to argue, and as mayr bill de blasio is plating around new yo, these parents are protesting them. protesting them. you may want to be worried
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so our business can be on at&t's network for $1 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business.
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>> why target us? why target us? the on going ballistic. ilda gladio announcing cut on three very successful charter schools. that has got our twitter followers talking. i believe that all parents deserve cool toys. paying off campaign contributors at the expense that it's odious. not the teachers unions or the mayor of new york city. liz macdonald is here. it's a ht topic.
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so what do you make of this? >> i come from a familyf teachers. teachers in public schools. my mother and my grandmother. what sing is that children are crying, the parents are saying that they would rather homeschool their children now, those who are in charter schools and they are saying that if our kids are going to be taken out of the charter schools, we'd rather homeschool them, put them back in failing public schools where th are not learning to read or math or science. great rates are quadrupling. the performance rates for the kids are getti even better. neil: that is what the teachers union groups are afraid of because the numbers are that stark. >> yes, that is the word on the
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street. let's see the e-mails between the city council and bill de blasio's office going against the charter school. because this is being painted as a blood vendetta between bill de blasio. the e-mails need to be shown to the public on how they are using their personal city council committee to go after the charter schools. >> but then they won't survive, well they? >> it is less tha 10% of the kids right now. why not give them a chance? the charter schools are successful. >> it's a veryood point. in the meantime, ralph nader saying if she were to run, woul@ yoyou back or not we've set up whole two-party system? >> we need fresh voices and
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fresh experience. >> what he was talking about is that it openeor run for office. that is the first thing that ralph nader ever said that i agree with. one more and jim clinton takes credit for srplus. he people forget was the republicans who control the house and the senate. basically like alternators id. >> yes, we have been talking about this. so what about political monopolies, we have the same politicians who have taxes for funding, time and again come back into fice. we have talked about this since e nixon administration. they have been around since the reagan and the nation. so wis there a political monopoly and where is the third independent party voice.
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we don't have that yet in the united states and it's costing us. >> what why do they all have to be piticians? what is wrong with going out out of that one. neil: in the meantime, finally a crazy tweet fro one of our followers. my older sister regina tolde when i was little, i was six or seven years old, and they punched a 12-year-old in the days and he was booing her. >> yes, i read tweet. i had no idea i did this. it was on my stuff, it had been bullying her and pulling her hair for quite some time.
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thing you should punch people in the faith, i just couldn't take her rom being bullied, i had no idea where it he told me about it. >> sion was the end result that she was happy about equipment imine was very happy about it. she's dead where my brothers mama brothers were there to help me. and so for oncei felt good that i did something. and that's what she was saying. neil: this hash tags.com what does that mean? >> i don't know. ralph can te you. he's the producer. >> identifying it as a thing that in this case will be a part of it. >> i'm told that's what it does. as we get all this stuff and like-minded e-mails. neil: he went to congress and
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u.n. here enact. >> yes. neil: back to the gm recall delay. the company knew thatthey had a serious ignition problem. yet they did nothing and said nothing and you guys all stopped talking about it. still another. since the recall notic him and makes me even more glad that i just bought a nongovernment sport. gm, what took you so long? >> meanwhile, this has got to stop. >> plenty of stories and republicans to grab headlines with lots of advertisements. >> my next guess would like to digress. his mother w kicked off of the plan due to obamacare and now can't get what she desperately
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needs. the story you're not hearing but you should coming up next [ female announcer ] who are we? we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours.
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with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com neil: enter steven blackwood he has seen first hand how this health care law has become for his mom, who is battling cancer, and lost coverage due to opponent care. as of this morning something mirror act housely changed? >> well, as of this morning, i received a telephone call saying they they were going to cover her for the nt year, we have not received that in writing yet, if i say is drawing a
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larger problem itakes a op-ed, on a national newspaper, phone calls, just to get one drug covered for one year, how do we know that system is going to work well f those who don't get that kind of attention. neil: how many others who didn't have the access you did, and push you did, to get your grief published and seen on tv, how many are feeling brunt of this? >> you know all i'm trying to do speak up for what is happening to my mom, she and people like her, can gene access to the -- can gain access to the care they need. >> argument is that, harry reid argued and nancy pelosi has a lot of these story are made up, and they are not that bad obamacare not the reason. it was not because of obamacare. and you are hanging it on obamacare, what do you say? >> well, senator's comments are
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a plate ant denial -- blatant denial of the facts. now, i just like perhaps. so i can tell this as clearly as possible to your viewers. neil: they are? >> well she was diagnosed with neuroendo skincancer in 2005. canner of sadly steve jobs died of, main treatment for that disease is a drug called sandy on stat en lar . i want t tress very opinion this drug which does not exist in generic form is not novel or experimental it is the stand av of care for people with her disced disease, m mother had a
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plan with blew blue cross blue shield for 20 year, and very happy, she received a letter in october saying that she would be canceled as a direct result of the ada . she researched all of the plans at the time, very carefully. she was assured by humana that plan she bought, i gather is most expensive government approved plan in the state of virginia, she was assured it would cover her at 100% after deductible, enrollment agents did not have aess to details on the plan, you said you have to buy it to find out for sure what is in it she was 100% assured it. fast forward to two weeks ago herrin surer told her they you would cot be covering that medication after all.
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bottom line, s had plan that worked wonderfully, and now she does not, either way the president lied, he said she could keep her health plan. people should not be forced into plans theyo not want. neil: i hope she comes along gets better, steven thank you very mh. >> thank you neil. neil: now it is easy to come back at say insurance compani and blame them, high mark health insurance ceo said this would be wrong, what happens they go back to insurance companies you say? >> neil, nice to be with you. unfortunate situation that got described there, my heart goes out to that gentleman and his mother, one of the real issues that cuts across this story and many others, that issue of affordability. and care for medicine, medical
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care is become unafor an there are aspects of this law that don't help that there are things that we can do, right here at high mark we took action last week, very relevant to this story, we decided to close a loophole, for cancer drugs. and as you may or may not know cancer drugs administers in the hospital today are paid 3 or 5 time z as expensive as same drug in the doctor's office. no different in patient or drug, no difference in care, we said that is ridiculous, we'll close that loophole, we announce a policy it will save our subscribers, the employers and individuals $200 million a year. neil: bill, to be clear, this idea that the affordable care act will mean all preexisting conditions are covered, all
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drugs to treat those conditions, that you are not going to pay more as a result, is at best unrealistic? >> is not about having just broad coverag it is 'cost of medical care that drives up the cost of that coverage, and whether it is premium you pay or increasing he the cost sharing, that deductible, copayments, those are substantial in many of the plans, inappropriate there shld be cost sharing, but what you apply that against really expense of things like cancer drugs, that can cost and one example that we had here, 13,000 dollars for a single treatment. and it was at o hospital system in this area as opposed to for example, a johns hopkins that statement treatment, se drug was $2,005. that needs to be changed.
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we can do that. neil: bill thank you very much for clarifying a lot of that, i don't like where this is going. >> it you hear the one about the kid suin suing her parents for throwing her out of the house, not paying or school tuition or college tuition, shea are within th [ male announcer ] did you know that if you wear a partial, you're almost twice as likely to lose your supporting teeth? try poligrip for partials. poligrip helps minimize stress which may damage supporting teeth by stabilizing your partial. care for your partial. help protect your natural teeth.
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neil: in tonight's let me be brief, 18 and out of the house, out of luck, a morristown, new jersey stupe i student is suing her parents they have cut the apron string. she claims they you this her out of the house, threw her out of the house, she is on her own, the parents said she did not
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abide by rules, does she have a case? kelly, you would tell rachel tough luck? >> absolutely, i think per parents might hav an obligation to continue paying for her high school education because they had a contract with the school but college, no way. that is not a guaranteed right, her parts don't have an obligation, and if she wants to live under her roof, and not listen to her rules, i think she is out of luck. >> when you bring a child into this world, you raise them through good and bad. neil: 18 they are adults. >> well, actually not really, not in new jersey because there is a law that says, if you are 18 years old, y are enrolled in college, have you legal right to go to court are rebut presumption you are not a child any more, and you know at en of
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the day as a teen ager you have a boyfriend that mommy and caddie don't like 92 tell me about it. it. >> you should gone offall people. -- you should know of all people, but you don't punish your child by ge priving them. neil: yes you can, my daughter has seen guys that of the missing link, but i digress. my points on this. girl suing her parents to get what she wants, does that feed this narrative she is pushy, greedy. >> entitled? absolutely, she is not willing to listen to their rules, she lived with the friend's familyy@ she worked with the dad of the friend who is a lawyer, she has legal bills and no money to pay that, she is not being accountable if her house, she as hey problem of affluent za.
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if she is enrled in college they might have a obligation, she is not, she is still in high school. neil: we don't know she is a brat. but i live in the area, i know this school, it is a pricey school, the high school is closing in at $7,000. so, parents have stopped paying that in interim. but you are argue they should pay that? >> i think so. >> i think so. >> i think that public policy to be to encourage kids to get an education, she should get a job, she is a honor student, a smart girl but working at college bookstore is not paying a college tuition, she is n getting financial aid because of her partner's income. she is sing pay for my college tuition, let me better myself. neil: why do the parents have to pay for her college tuition, but i know a lot of kids including
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myse, you takeut college loans, you do what you have to do. but i don't think it should be given that your parents automatically are saddled with that. >> and -- if she does not can to college, whereoes that leave her, society will have to take care of her. neil: come on, come on. >> wh what kind of policy, my parents have money, they set aside a college fund, court would say too bad. >> what kind of policy does in send when childldren sue their parents. neil: we're talking, we'll see what happens, i think that cooler heads should prevail, maybe they will. in the meantime, kid, you better watch how you are to your parents. neil: the selfy tweeted around the ld, how this made a twitter look like a bunch of twits.
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neil: tim cook about to be cooked, shareholders pushing back, apple ceo pushing company cash to go 2 disbree 2 -- into green investmtments, saying, if you want me to do things for return on investment reasons you should get out of this stock. is the right move? garick and michael, i'm trying to give him every benefit of the doubt, i am an apple shareholder i have been for decade, trying to think maybe he is saying look at what i to in bigger picture, and what i do in bigger picture,
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and company social commitment is part of that, but i got a little annoyed saying we should not judge how he spends that money, as shire holders we should -- as shares holders we should,tion we? >> yes. i am hard pressed to find any other ceo coof a compa saying, if you dop like what we're dodoing, sell the stock, for him to do this, and what on the arrogant side. someone by the name of js would never do that. >> mike, youking argue if you like green and technology show us how you like green doing it, what do you think? >> i agree wit both sides companies like apple who are profitable with monster margins should leaded way on innovative technology, he is the sharehder and protect or of
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stock holders but he is trying to find the next new technology like apple has done lover last 20 years -- don over the last 20 years. neil: a new technology or a cause? if he is pushing new technology that is one thing but to make a social statement, ewing that technology that might or might not benefit shareholders but tell them if you don't like it lumpt that is a bit more, isn't it. >> it is, we're all making assumption he is being arrogant, it came off that way. but i think apple keep a lot of their technolog under the cup until this is ready to roll, i locould be said for a lot of new tech companies today. >> neil there is no upside to what he said, only down side, if there is one shareholder who sold their stockhat is a good thing, hopefully he learns a lesson from this and zips lip.
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neil: everyone talking about how this oscar selfy went viral, it knocked twitter out, 20 minutes during oscars, that the danger of being on internet, on your golden moment, if this is not first time, the thing goes cablewy does not make you look good. >> with the new technology, this is a mechanical device like a car or a airplane, wonderful as it is. there is going to be issues it is going to break down, the social media stuff gets information to so many people so quickly, it is mind boggling, the fact that it runs as well as it does, is a testament to our technology 92 w. neil: we should accept warts and all? >> it is part of the process,
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twitter is huge, i gather they did not expect or the technology did not expect what they got,tious what happened. for the stock for the company, if it happens too many times it will affect things, but there is more noise on good end for twitter than down side. neil: any comments on selfies, years ago we just saidwkward trying to take a picture of your, like went i -- on vacation, i am wondering is this whole technology out of hand, is to jt the way the world is. >> i think the way that world is, i think selfies and concept of going viral is amazing, think about it we can use social media technology not only for things like selfers, the oscars or over. but i think from a political perspective, we can use social media to get word ut to
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population, get an instant feedback loop, to where people stand on different issues, they can g information from public within hours, i think that down side, it may put college polls out of business. neil: that is a good points, gary. what do you make of the selfy fixing a? they are leveraging off of it in. >> selfy is a popular, they are here to stay, started with celebrity, now everyone else, hopefully you take normal selfies, not abnormal. but as far as whole social thing, it is just begun, company are aking huge advantage ofuge advertising for be going to forward, i think we're at the beginning. neil: i thinkf you are a big star, and you have to take a selfy that demeans you as a star, people should be taking pictur of you.
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meanwhile, thank you very much for putting some of this in perspective. what is deal with this what's deal e-mail and tweet, i am letting you in on a little question, if superman and batman got in a fight, who do you think would win? my answer. my answer. it's a no brainer, i so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk andext. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile are value plans our best value plans everor business.
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iwe don't back down. we only know one direction: up so we're up early. up late. thinking up ga-changing ideas,
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like this: dozens of tax free zones across new york state. move here. expand he. or start a new business here... and pay no taxes for years. withew jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com neil: a tv host entertaining any and all questions, you ask, i answer, any question, business, personal, you got something you want to get off your chest. what's' the deal, neil. to texas, what's the deal with lovely wom on the show, quit ladies looks like bimbos, noted. that is all. >> we really like your new
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segment. i like you and dough. >> mark, i like how you put people onhe spot, you look like a wuss, then bam, you let them have it, like lou castello going bond kers, and kathy in brook feel, wisconsin, wha brookfield, wisconsin, what do you do on st. patrick's day, i drink kath i i i start quite early. >> you are all talking and moving like you or something, no, that is just us raw, we're just so in to what we do our own private dna drugs, and what is dealith talking about money? can't you talk about something else? no. >> heather, in alabama, why do you up north always tk about the weather. because it has not been nice.
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what is the deal with our ad, you look stupid, surprise things that come out of your mouth are stupid, did you know that. >> no, but did you know that pele who e-mail comments like that, prove they are more stupid. john, hey, neil, kenny rogers and rod stewart have scratches voices, try singing to your haters, and some good tweets, like these, neil, i think that you are the most hand some guy at fox, i love a guy that will speak his mind, to hell with these twits, then, your sarcasm, cynicism, make you one of my favorite people on fox, god bless. this one in chicago, i heard about being built for comfort, you seem built for a nuclear winter, your thoughts? thought less.
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el long, er in -- elsinore, i like big men i will leave it at that. >> did you know with all detail you still look as hand some as ever. remarkable. >> kevin in kansas, wants to know why i bash so many republicans, go slow o this party rip. just lit us win in november, they will thing. they won't change kevin, i say you might has well pack of your tent and be done with politics, do what you say, say what do you or be de with it i can't stand it take a sta. michelle eneil, did you see the oscar selfy, i think you should do a cavuto show selfy, you think? though no, i think it ounds stupid. why do you believe in fracking when there is wind and solar. >> i believe do them all push
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them a, as long as we get to where we don't need to rely on middle east, some theuts at all. torng ito in philadelphia, what do you think that world the end? the book points my show goes off the air. if super man and batman got in the fight who would win that is easy, superman tmy, batman just has that belt, and nothing else. >> -- class? >> well, i are changed financial reporting as w know it cliff, world is a better place for it try that. you will get an easy a. keep e-mls and tweets coming, we want to hear from you, what is the deal neil. your chance to really ask any question you want. as long as you are within
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bounces, the we' weight questions are getting silly, the camera does add 5 see you tomorrow. kennedy: are you in the mood for an intervention? therevailing wisdom seems to be no. at least with the ukraine, stay out of this. difference is between right and left. as how we should best respond, very subtle. we could actually have an elevated national discussion about crimea, you might agree with your come an adversary's about russia's over react, and how we got here, and what to do about putin, people are fighting for their freedom, and paying with their lives, that does not an we need to sacrifice american lives watching russia

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